Banking Advice for a Wedding Venue Operator

Opportunity:

A long standing client who operates a wedding venue required our help to seek additional finance from their bankers.

Approach:

Bathgate helped with the business plan and cash flow forecasts and liaised with the bank.

Solution:

A commercial mortgage of £1.8M was agreed over an extended period, releasing additional finance and an agreed interest only period in view of the impact of Covid-19.